"[W]ith public sentiment apparently so low, it is possible that regulators may feel emboldened to make bigger changes than they would have prior to this event," said Julie Utterback, senior equity analyst at Morningstar.
"Obviously, there's a lot of uncertainty around that, especially given the partisanship that typically rules in Washington," she added, indicating the complexities in addressing insurance industry practices.
Republicans have historically favored privately run health insurance and lighter regulation, which has benefited health insurers in commercial and Medicare Advantage markets.
The public fury directed at health insurance companies in the wake of Thompson's killing demonstrates a significant shift in public sentiment, which could affect future regulations.
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